Colebrook Ski Bees
Colebrook Ski Bees maintain stable assets despite operating deficits, with no officer compensation reported.
EIN: 20377627 · Colebrook, NH · NTEE: N50 · Updated: 2026-03-28
About Colebrook Ski Bees
Colebrook Ski Bees (EIN: 20377627) is a nonprofit organization based in Colebrook, NH, classified under NTEE code N50. The organization reported total revenue of $439K and total assets of $707K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Colebrook Ski Bees's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Colebrook Ski Bees with a Mission Score of 85 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, Colebrook Ski Bees allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.
Executive Compensation Analysis
Executive compensation is reported at 0% in both filings, which is excellent for an organization of this size ($439,314 latest revenue) and suggests a volunteer-driven leadership model, maximizing funds for programmatic use.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Colebrook Ski Bees's IRS 990 filings:
- Expenses consistently exceed revenue in reported periods
Strengths
The following positive indicators were identified for Colebrook Ski Bees:
- Strong asset growth from $541,180 to $706,950
- 0% officer compensation reported in both filings
- Very low liabilities ($1,231 in 2024, $11,047 in 2023)
- Good financial transparency regarding executive pay
Frequently Asked Questions about Colebrook Ski Bees
Is Colebrook Ski Bees a good charity?
Based on the available data, Colebrook Ski Bees appears to be a good charity. They have a strong asset base, very low liabilities, and report 0% officer compensation, indicating a high degree of financial efficiency and a focus on their mission.
How has the organization's financial health changed over the past two years?
The organization's assets have grown from $541,180 in 2024 to $706,950 currently, indicating an improvement in overall financial health despite operating with deficits in both reported periods.
Filing History
IRS 990 filing history for Colebrook Ski Bees showing financial trends over 2 years of public records:
Over 2 years of IRS 990 filings (2023–2024), Colebrook Ski Bees's revenue has declined by 39.1%, moving from $263K to $160K. Total assets decreased by 10.3% over the same period, from $603K to $541K. Total functional expenses fell by 25.6%, from $285K to $212K. In its most recent filing year (2024), Colebrook Ski Bees reported a deficit of $52K, with expenses exceeding revenue. The organization holds $1K in liabilities against $541K in assets (debt-to-asset ratio: 0.2%), resulting in net assets of $540K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2024 | $160K | $212K | $541K | $1K | — | — |
| 2023 | $263K | $285K | $603K | $11K | — | View 990 |
Data Sources and Methodology
This transparency report for Colebrook Ski Bees is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.